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Beauce Gold Fields Trenches Identify Multiple Gold Bearing Bedrock Structures 25 Metres from Historical Placer Gold Channel
Montreal, Quebec--(Newsfile Corp. - May 12, 2021) - Beauce Gold Fields  (TSXV: BGF)
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About this update from Beauce Gold Fields, Inc.
[{"type":"text","content":"Beauce Gold Fields Trenches Identify Multiple Gold Bearing Bedrock Structures 25 Metres from Historical Placer Gold ChannelMontreal, Quebec--(Newsfile Corp. - May 12, 2021) - Beauce Gold Fields (TSXV: BGF) (Champs D'Or en Beauce) (\"BGF\"), is pleased to report further results from its 2020 fall-winter trenching program. Trench sampling has identified multiple gold bearing bedrock structures 25 meters from the historical placer gold channel and to within approximately 10 meters of a recently discovered major fault line (see \"AMT Fault\", below), on the St-Gustave section located in Saint-Simon-les-Mine, Quebec.Patrick Levasseur, President and CEO of Beauce Gold Fields said, \"This historical placer gold deposit has been known for 150 years yet this is the first reported discovery of multiple gold bearing bedrock structures.\" Mr. Levasseur added: \"We look forward to this summer when we will begin diamond drilling to test these structures.\"Figure 1: Layout of trenches, Placer Channel, main Fault, Splays and Bulk samples A, B, C.To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/6198/83764_852a265674f60bd1_001full.jpgAs part the Fall 2020 exploration work in St-Simon-les-Mines, Beauce Gold Fields excavated 27 exploratory trenches in areas where the overburden was shallow enough to reach bedrock. The trenches were designed to follow what BGF geologists interpret as NE-SW splays off the main structure which was identified using AMT surveys (see Figure 4) in 2018 carried out along the Chemin du Rang St-Gustave (the \"AMT Fault\"). Notably, the AMT Fault is sub-parallel to the placer channel and the splays appear to cross a N-S section the Placer Channel. Either or both could be the source of the placer gold. Five trenches from 2019 and 2020 exposed bands of weathered volcaniclastic rocks interspersed with sedimentary rocks (sandstone and black shales). These weathered rocks are cut by numerous quartz veins. The trenches are located approximately 180 m SSW from the intersection of Chemin du Rang St-Gustave and the Rivière Gilbert. This area of the property has been the subject of historic placer gold production first in 1910's via two underground drifts and, in the 1960's, by a major gold dredging operation.The Company carried out bulk sampling of trenches Tr2020...